The Caucasus region, nestled between Europe and Asia, is home to a diverse array of economies that have historically relied on traditional sectors such as agriculture, mining, and energy. However, in recent years, governments in the Caucasus have been actively pursuing economic diversification strategies to reduce dependence on volatile commodity markets, promote sustainable growth, and create new opportunities for development. This article explores the economic diversification strategies being implemented in the Caucasus, highlighting government initiatives, examples of successful diversification projects, and current finance trends shaping the region's economic landscape.
This is a companion discussion topic for the original entry at https://frontiermarketdata.com/economic-diversification-strategies-in-the-caucasus